Question

can anyone explain sensex and Nifty in simple words...?​

Answer 1

Answer:

SENXED:

Sensex consists of 30 selected stocks from the top 30 companies, which are used to determine the index.

NIFTY:

Nifty is derived from 'National Fifty', Sensex is derived from 'Sensitive Index'. ... Nifty consists of 50 selected stocks from the top 50 companies, which are used to determine the index.

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Answer 2

Answer:

Sensex, otherwise known as the S&P BSE Sensex index, is the benchmark index of India's BSE, formerly known as the Bombay Stock Exchange.) The Sensex is comprised of 30 of the largest and most actively-traded stocks on the BSE, providing a gauge of India's economy.